To calculate the cost figure to be used as the basis for depreciation for the machine Amy bought in the year to 31 December 20X9, is £11,700.
we need to consider the following components:
1. Cost as per supplier's list: £12,000
2. Agreed discount: £1,000
3. Delivery charge: £100
4. Erection charge: £200
5. Maintenance charge: £300 (not included in depreciation cost)
6. Additional component to increase capacity: £400
7. Replacement parts: £250 (not included in depreciation cost)
First, subtract the agreed discount from the cost as per supplier's list: £12,000 - £1,000 = £11,000.
Next, add the delivery charge, erection charge, and additional component to increase capacity to the cost: £11,000 + £100 + £200 + £400 = £11,700.
Maintenance charges and replacement parts are not included in the cost for depreciation, as they are ongoing expenses rather than a part of the initial cost of the machine. So, the cost figure to be used as the basis for depreciation for Amy's new machine is £11,700.
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Question 3 Suppose we are blending Copper (C), Aluminum (A), and Magnesium (M) to create an alloy. Copper has a strength of 65 units, Aluminum has a strength of 75 units, and Magnesium has a strength of 55 units. We need the blend to have a strength of at least 66 units. Which of the following linear constraints expresses this requirement? O-1C+9A-11M0 2 pts O 1C-9A+ 11M >-0 O 10+9A 11M <=0 O-1C+9A-11M <= 0
The linear constraint that expresses the requirement for the alloy blend to have a strength of at least 66 units is: 1C - 9A + 11M >= 0.
To determine the appropriate linear constraint, we need to consider the strengths of the individual elements and their contributions to the overall alloy strength.
Given that Copper (C) has a strength of 65 units, Aluminum (A) has a strength of 75 units, and Magnesium (M) has a strength of 55 units, we can assign weights to each element in the blend.
Let's assume the blend contains x units of Copper, y units of Aluminum, and z units of Magnesium. The overall strength of the alloy blend can be calculated as follows:
Overall strength = x * Strength of Copper + y * Strength of Aluminum + z * Strength of Magnesium.
To ensure the blend has a strength of at least 66 units, we can set up the inequality :
x * 65 + y * 75 + z * 55 >= 66.
Simplifying the equation, we get:
65x + 75y + 55z >= 66.
Now, let's express this inequality in terms of the given variables C, A, and M:
1C - 9A + 11M >= 0.
This linear constraint represents the requirement for the alloy blend to have a strength of at least 66 units.
Note: The other s provided do not accurately express the requirement for the blend's strength.
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a devaluation of currency: please choose the correct answer from the following choices, and then select the submit answer button. answer choices may be used as a macroeconomic policy tool because a devaluation stimulates aggregate demand. is an increase in the value of a currency that is set under a fixed exchange rate regime. will decrease the balance of payments on current account. will lead a nation's imports to increase compared to its exports.
A devaluation of currency can be used as a macroeconomic policy tool because it stimulates aggregate demand.
This is the correct answer from the following choices.
What is devaluation?
Devaluation is an official reduction in a currency's value in relation to other currencies under a floating exchange rate system. The decrease in the price of the currency reduces the cost of the country's exports, making them more competitive in the global market, increasing exports, decreasing imports, and boosting the country's economy. Devaluation stimulates aggregate demand because it improves the competitiveness of the domestic market by lowering the relative price of domestic products.
As a result, exports rise, domestic sales rise, and the economy grows. On the other hand, when a country devalues its currency, the cost of imports increases, resulting in a rise in the price of imported goods in the country's domestic market.Therefore, a devaluation of the currency is considered a macroeconomic policy tool because it can be used to promote economic growth by increasing exports, lowering imports, and lowering the relative price of domestic goods.
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Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
you are the manager of a sandwich shop called buns-r-us, which has twelve employees. the corporate office has a very robust ethical code of conduct for employee behavior and has trained each employee on it. on a personal level, you disagree with some of the rules. and, because you are the manager, you choose not to follow them. when your employees see that you, as the manager, do not follow the rules, what’s the likely consequence?
The consequence that is most likely is they will likely not follow rules either when you are an employee.
What is an employee?A person who has been hired by a company to do a certain duty is called an employee. The pay, working hours, and working conditions of employees are entirely under the control of their employers. Employees are given benefits that contractors are not given in exchange for. Contrary to contractors, who have more freedom than employees, an employer has total control over the tasks that employees complete and how they are carried out. The employee is selected as an employee after a hiring process that includes an interview and application process. The candidate is chosen by the company once they have determined that they are hiring for the post, and that the applicant is the best qualified candidate. The specifics of a person's employment may be stated in an employment contract, an offer letter, or verbally.
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How can choosing the right institution help you manage money effectively?
Answer:
You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.
Explanation:
Bob and carol refinanced their ole reidence valued at 500,000 in 2022 how to do refinancing arrangement they refinance date 300,000 he didn’t need for 400,000 receiving 100,000 in cah that they ued to pay for their daughter wedding. What percent of the entrie they pay all the refinance property are they able to deduct?
The percentage that is deductible is calculated based on the sum obtained through the refinancing arrangement, which is C. 75%
Refinancing, also referred to as a "refi," is the process of altering the conditions of an existing credit agreement, usually one involving a loan or mortgage. When a person or business decides to refinance a debt, they essentially want to change the interest rate, the repayment schedule, and/or other contract terms in a way that is advantageous to them. If approved, the borrower receives a new contract in place of the original one. Borrowers usually choose to refinancing when the interest rate environment dramatically changes since they may be able to save money on their loan payments under the terms of the new contract.
Question
Bob and carol refinanced their ole residence valued at 500,000 in 2022 how to do refinancing arrangement they refinance date 300,000 he didn’t need for 400,000 receiving 100,000 in cash that they used to pay for their daughter wedding. What percent of the interest they pay on the refinanced property are they able to deduct?
A) 25%
B) 50%
C) 75%
D) 100%
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The clean and green car dealership is running a special on 2008 hybrids. The dealership requires the customer to make a down payment of 10% of the cost of the vehicle and will finance the balance with a 6. 78% annual interest loan for 60 months (5 years). You are interested in an eviroclean hybrid that costs $28,250. Not including the down payment, how much will you pay over the lifetime of the loan?.
$37,826 would be paid as the lifetime of the loan in total.
What is Loan?Both parties involved in the sanctioning of a loan must be aware of the principal amount, the terms of repayment, and the interest rate. It is a necessary method through which a lender and a borrower can refer to the terms and conditions indicated earlier in order to eliminate any potential conflicts. So, the questions of both parties can be answered.
The conditions and contract of the loan taken by the borrower for a specific good or service are shown to both parties in a formal loan note.
The borrower's interest rate is examined by the lender first, then the mortgage, income tax information, etc.
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$37,826 would be paid as the lifetime of the loan in total.
What is Loan?Both parties involved in the sanctioning of a loan must be aware of the principal amount, the terms of repayment, and the interest rate. It is a necessary method through which a lender and a borrower can refer to the terms and conditions indicated earlier in order to eliminate any potential conflicts. So, the questions of both parties can be answered.
The conditions and contract of the loan taken by the borrower for a specific good or service are shown to both parties in a formal loan note.
The borrower's interest rate is examined by the lender first, then the mortgage, income tax information, etc.
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2. What advice does the model in the video give to consumers? Do you think this is good
advice? Why or why not?
Answer:Model in the video give the consumers have the attitude of keeping it simple.by the use of models in the video, it is simple in that there is a lot of message that is passed hoping that more individuals will b reached by it.
Relatively there I an increasingly marketing procedures that accrue by this process followed by that pull customers upto their fold, this avouda a rwlentless as well as ill-concieved efforts to engage.
Explanation:Model in the video is good.this is because it brings things easier to the consumers as this products is likely to havean intended purchase, and are likely to buy this product more ofteexposing I to the others after abconsideration of given variables of price , perception of that given model brand .
online customer reviews are the second-most trusted source of brand information. what is the most trusted source?
The most trusted source of brand information is recommendations from family and friends.
When it comes to trust in brand information, recommendations from family and friends are considered the most trusted source. This is because people tend to rely on the opinions and experiences of their close circle, believing that their family and friends have their best interests in mind. Personal recommendations are seen as authentic and genuine, often carrying more weight than other sources of information.
Family and friends' recommendations are influential because they are based on real-life experiences and relationships. Individuals trust the judgment and expertise of those they are close to, as they believe that their family and friends have firsthand knowledge and a genuine desire to provide reliable information.
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What are software applications?
Answer:
any program or number of programs designed for end-users. That’s it, in a nutshell. In that sense, any end user program can be called an “application.”
Answer: it is a group or grpoups of programs
Explanation:
North Side, Inc. has no debt outstanding and a total market value of $175,000. Earnings before interest and taxes, EBIT, are projected to be $16,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 30 percent higher. If there is a recession, then EBIT will be 70 percent lower. The company is considering a $70,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 2,500 shares outstanding and the tax rate is 34 percent. What will be the percentage change in EPS if the economy has a strong expansion?
I really need help, What are the five foundations? Include purpose/ importance of each step
Answer:
Management, Operations, Marketing, Accounting, Finance
Explanation:
-Management: planning and knowing your business resources to achieve it's goals
-Operations: The transformation of resources into goods/products, making sure the goods are high quality
-Marketing: Identifies customer's needs, develop and decide the price and quality of products
-Accounting: financial and managerial information. Accountants work to communicate finance information to managers
-Finance: Obtaining and managing a companies funds. Who gets/needs money, and how much do they get
Which statement or statements accurately describe characteristics of subsidized stafford loan? i. grace period during which payments are not due ii. based on student need iii. student is responsible for all interest for the lifetime of the loan. a. i only b. ii only c. i and ii d. i and iii
The statements that describe the feature of the Stafford Loan is that the loan is totally based upon the needs of the students and the payment Payments are not payable during the grace period.
Option C is correct.
What is Stafford Loan?
A Stafford Loan was a student loan provided by the United States Department of Education to qualifying enrolled students in registered American institutions of higher education.
This type of loan is totally depending upon the needs of the students, as many students are available for demanding the education loan for the different courses.
The main feature of this type of loan is that, the Payments are not payable during the grace period, as the students can repay the loan amount after their education.
Therefore, option C is correct.
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how do you become popular
Answer:
Spread the word; advertisements
Explanation:
In order to get popular you need to spread the word about your business, you needadvertisementst,s and sometimes even create your own website. Some website makers include Wix.
Describe why it is important to understand how businesses impact you.
because they are the ones that provide me goods and services.
What happens to the total expenditures for a product with elastic demand when its price goes up?
Answer:
Elasticity is more than One (Ed > 1): When demand is elastic, a fall in the price of a commodity results in increase in total expenditure on it. On the other hand, when price increases, total expenditure decreases. It means, in case of highly elastic demand, price and total expenditure move in the opposite directions.
Explanation:
hope it helps yoou
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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The current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing. Group startsTrue or FalseTrue, unselectedFalse, unselected
The statement that the current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing if false.
What is current yield?The current yield is also defined as the interest yield or income yield or flat yield or market yield or mark to market yield or running yield.
It is a financial term that is used in quotation to bonds and another fixed-interest securities like golds.
The formula of calculating the current yield are as follows:
\(\text{Current Yield} = \dfrac{\text{Annual Interest Earned}}{\text{Current Price of the Bond}}\)
Therefore, the given statement is false.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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state the importance of agricultural experts
Answer:
Agriculture is the main source of national income for most developing countries. However, for the developed countries, agriculture contributes a smaller per cent age to their national income. Agricultural sector provides fodder for domestic animals. Cow provides people with milk which is a form of protective food.
classify the following items as direct materials, selling and administrative expense, factory overhead, or direct labor.
a. Factory overhead, b. Selling and administrative expense, c. Direct materials, d. Factory overhead, e. Direct labor, f. Direct materials, g. Selling and administrative expense, h. Selling and administrative expense, i. Factory overhead j. Selling and administrative expense and k. Selling and administrative expense respectively.
a. Rent expense on factory building: Factory overhead
Rent expense on the factory building is considered part of factory overhead because it directly relates to the production process. It is an indirect cost that supports the manufacturing operations.
b. Sales supplies used: Selling and administrative expense
Sales supplies used are typically associated with the selling and administrative functions of a company. These expenses are necessary for marketing, sales, and administrative activities related to the promotion and distribution of products or services.
c. Factory supplies used: Direct materials
Factory supplies used in the production process, such as raw materials or components, are classified as direct materials. They are directly involved in the manufacturing of the final product.
d. Indirect materials used: Factory overhead
Indirect materials, such as lubricants, cleaning supplies, or small tools used in the production process, are considered part of factory overhead. They are necessary for manufacturing but do not become an integral part of the final product.
e. Wages of assembly line personnel: Direct labor
Wages paid to assembly line personnel who directly contribute to the production of goods are classified as direct labor. These employees are directly involved in the manufacturing process and their wages are directly attributable to the cost of producing the product.
f. Cost of primary material used to make the product: Direct materials
The cost of the primary material used to make a product is classified as direct materials. It refers to the main component or raw material that becomes an integral part of the final product.
g. Depreciation on office equipment: Selling and administrative expense
Depreciation on office equipment is considered a selling and administrative expense because it relates to the administrative operations of the company. It includes the wear and tear or obsolescence of office equipment used for non-production purposes.
h. Rent on office facilities: Selling and administrative expense
Rent on office facilities is part of selling and administrative expenses. It includes the cost of renting office spaces for administrative operations, sales activities, and other non-production-related functions.
i. Insurance expired on factory equipment: Factory overhead
Explanation: Insurance expenses related to factory equipment are considered part of factory overhead. These costs protect the assets used in the manufacturing process and are necessary to ensure the smooth operation of the factory.
j. Utilities incurred in the office: Selling and administrative expense
Explanation: Utilities incurred in the office, such as electricity, water, or internet expenses, are classified as selling and administrative expenses. They are associated with the administrative functions and support the day-to-day operations of the office.
k. Advertising expense: Selling and administrative expense
Explanation: Advertising expenses are considered selling and administrative expenses. They include costs incurred for marketing and promotional activities to create awareness, attract customers, and generate sales for the company's products or services.
The complete question should be:
Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor:
a. Rent expense on factory building
b. Sales supplies used
c. Factory supplies used
d. Indirect materials used
e. Wages of assembly line personnel
f. Cost of primary material used to make product
g. Depreciation on office equipment
h. Rent on office facilities
i. Insurance expired on factory equipment
j. Utilities incurred in the office
k. Advertising expense
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In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income $ 52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
Answer:
Statement of cash flows using the indirect method
Net income $52,000
Adjustments to net income:
Depreciation expense $30,000Increase in accounts receivable ($25,000)Increase in inventories ($5,000)Decrease in accounts payable ($18,000) ($18,000)net cash flow provided by operating activities $34,000
Kevin is preparing a comparative market analysis (cma) on a commercial net leased office property that has 100% occupancy and income of $67,000, with expenses of $22,000 and a management fee of 5% of the gross income. the property is assessed by the municipality at $575,000. if kevin considers a 9% rate of return to be reasonable for this income property, what would kevin recommend as the listing price?
An extensive study on the current worth of a home is a comparative market analysis (CMA). It is created by real estate experts after researching the prices paid for similar houses nearby.
A comparison of markets is created by whom?Software is frequently used by brokers and real estate agents to create thorough and appealing CMA reports. If you want to make your own, keep track of your research in a spreadsheet or utilize an online home-price calculator provided by a real estate listing website.
Who carries out a CMA?A CMA is normally completed by a real estate agent with the appropriate licensing, and the cost of having one prepared for your home might vary. While the majority of agents offer free CMAs, some could levied a modest fee.
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Assume coleco pays an annual dividend of and has a share price of. It announces that its annual dividend will increase to. If its dividend yield stays the same, what should be its new share price?.
The new share price would be $75.
To determine the new share price of Coleco given the increase in the annual dividend and assuming the dividend yield remains the same, we can use the formula for dividend yield:
Dividend Yield = Annual Dividend / Share Price
Let's assume the current annual dividend is D1, the current share price is P1, and the new annual dividend is D2. We need to find the new share price, which we'll denote as P2.
Since the dividend yield is assumed to remain the same, we can equate the dividend yields before and after the increase in the dividend:
D1 / P1 = D2 / P2
To find P2, we can rearrange the equation:
P2 = (D2 / D1) * P1
Now let's plug in the values provided in the question. Assuming the current annual dividend is D1, the current share price is P1, and the new annual dividend is D2, we can calculate the new share price as:
P2 = (D2 / D1) * P1
For example, if the current annual dividend is $2 and the current share price is $50, and the new annual dividend is $3, we can calculate the new share price:
P2 = ($3 / $2) * $50 = $75
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If you are buying a home, it is usually best to choose a fixed mortgage __________________.
A: If you plan to rent it out
B: If you plan to stay there a short time before moving again
C: If you plan to stay there many years
D: If you plan to have a large family
Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. Entry field with correct answer.
Assuming that the store uses the periodic inventory system, the supplies expense account needs to be adjusted to reflect the actual cost of supplies used during the period.
To calculate the cost of supplies used, we need to subtract the supplies on hand at the end of the period from the beginning balance of the supplies account. periodic inventory system
Beginning balance of supplies account: $1,900
Supplies on hand: $160
Supplies used: $1,900 - $160 = $1,740
Therefore, the entry to adjust the supplies expense account would be a debit of $1,740 and a credit to the supplies account of $1,740. This adjustment ensures that the supplies expense on the income statement reflects the actual cost of supplies used during the period.
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barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in social media, he pays to attend an online webinar about pinterest strategy. what is barry engaging in?
Barry is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
What is an exchange?According to Armstrong (2009), he defined an exchange in marketing is the act of obtaining a desired object from someone by offering something in return.
This happens any time people trade goods or services. All exchange is supposed to produce "utility," which means the value of what you trade is less than the value of what you receive from the trade.
Therefore, he is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
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Consumers trust recommendations from people they know, online consumer opinions, and editorial content. These are all forms of
Consumers trust recommendations from people they know, online consumer opinions, and editorial content because they are all forms of social proof. Social proof is a psychological phenomenon where people look to the actions and behaviors of others to guide their own actions and behaviors.
In the context of marketing and advertising, social proof can be a powerful tool for influencing consumer behavior and driving sales.
Recommendations from people they know, such as friends, family, or colleagues, are a form of social proof because people tend to trust the opinions and experiences of those they have a personal connection with. Online consumer opinions, such as reviews or ratings, are another form of social proof because people tend to trust the experiences and opinions of others who have used the product or service they are considering. Editorial content, such as articles or blog posts, can also serve as social proof because people may trust the expertise and authority of the writer or publisher.
Other examples of social proof in marketing and advertising include celebrity endorsements, testimonials, social media followers/likes/shares, and industry awards or certifications. By leveraging social proof, businesses can build trust with consumers, increase credibility, and ultimately drive more sales.
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Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week
Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.
How can we reduce spending?The best way to reduce spending is by spending less on things that we don't need or that we can do without.
In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.
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what is another term that means withholding
A) gross income
B) payroll deductions
C) taxable income
D) allowances
Answer:
B) payroll deductions
Explanation:
To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.
When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.